27-year-old launches estate agency in Liverpool


An estate agency has been launched in Liverpool’s Baltic Triangle industrial area by Adam Sutton (pictured), a 27-year-old who previously spent three years working at an estate agency in Canary Wharf. Adam Sutton Estates opened for business on Jamaica Street last week with a portfolio of properties for sale across the city region. He said: […]

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Coventry’s Godiva rated by brokers as the top buy-to-let lender


Mortgage brokers have rated Godiva Mortgages – Coventry Building Society’s buy-to-let brand – as the top buy-to-let lender and building society. Godiva was praised for the ease of determining the maximum loan amount and product eligibility, as well as satisfaction with dealing with relationship managers. Four of the five highest rated buy-to-let lenders were building […]

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Virgin Money withdraws 90% LTV range


Virgin Money has temporarily withdrawn its 90% LTV purchase, remortgage and new build products “following a strong increase in demand”. The lender said it’s seen strong demand after being one of only a few lenders offering 10% deposit products. The lender still provides 85% LTV products. Virgin said it wanted to protect its service for […]

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Online home listing features that turn off potential buyers


Insufficient images are buyers biggest pet peeve on a home listing, Bankrate research has found. 82% of potential buyers agreed that a listing with less than 10 good-quality images is a huge turn-off and makes them less likely to follow through with a purchase. In second place is a dull description (80%), as buyers like […]

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InterBay Commercial unveils HMO and MUFB proposition


InterBay Commercial has launched a product range for HMOs and MUFBs, which is available for purchase and remortgage applications. Properties up to 20 bedrooms/units can be considered with a maximum loan size of £1.5m up to 70% LTV. Larger loans will be considered on a referral basis and intermediaries should contact their senior business development […]

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When free isn’t free


The past few months has seen a rise in companies unveiling temporary promotions for landlords and builders, as they look to attract customers whose livelihoods have been impacted by COVID-19. Yourkeys got in touch, saying it was offering ‘free software to home builders to assist in the market recovery’, while PlanetRent promised ‘deposit free re… […]

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Government extends eviction ban


The government has extended the ban on evictions by two months until 23rd August. Where tenants experience financial difficulties as a result of the pandemic, the government said landlords and tenants should work together and exhaust all possible options – such as flexible payment plans which take into account a tenant’s individual circumstances – to […]

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Halifax: House prices dip by 0.5%


House prices fell by 0.5% on a quarterly basis between March and May, Halifax’s House Price Index has found. The typical UK house price now averages at £237,808. Annual house price growth still stands at 2.6% despite the slowdown. Russell Galley, managing director of Halifax, said: “Looking ahead, we expect market activity to increase progressively […]

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30,000 participants take virtual training from NHBC during lockdown


NHBC, the warranty and insurance provider for new homes in the UK, has delivered virtual training to 30,000 participants. Many of NHBC’s courses that were delivered in face-to-face classroom settings have now been adapted for virtual learning. Darryl Stewart, NHBC’s head of training and analysis, said: “We have been truly astounded by the success of […]

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Key Partnerships partners with Paradigm


Equity release referral service Key Partnerships has launched a referral partnership with Paradigm mortgage club. Paradigm’s adviser members will be able to refer clients who may be better suited to equity release to The Equity Release Experts, Key Group’s whole of market advice delivery division. Gary Little, business development director at Key Partnerships said: “With […]

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